LPT Testing Breakout After Base Formation
On 4H, LPT has shifted from persistent LL into a more constructive pattern with a higher low and push into resistance. Price is challenging the mid EMA while the long EMA still trends downward.
Momentum is gradually building and volume shows mild expansion on the recent move. If price breaks and sustains above the recent swing high, continuation toward range expansion becomes more likely. If rejected and falls back below the higher low, the bullish attempt invalidates.